Embroker, a digital insurance company, has partnered with Everspan to further digitise and streamline the commercial insurance buying experience.
As part of the collaboration, Everspan will now underwrite new coverage programs available on Embroker’s ONE platform.
These programs cater to specific industries, including real estate, consultants, and financial professionals. This is set to help Everspan expand its distribution capabilities, while Embroker will be able to offer a broader range of tailored insurance solutions.
In addition to this, Embroker has expanded its vertical reach, offering tailored insurance programs for sectors including law firms, accountants, and tax preparers.
The newly released AI-powered tools on its ONE platform allow for automated data processing, which significantly improves efficiency for brokers and account managers.
“Our ultimate goal has always been to simplify insurance for the customer, but with AI, we’re able to do more than that,” said Embroker CEO Ben Jennings. “With Everspan, we’re accelerating the digitisation of the industry, partnering with forward-thinking carriers like them to improve our tailored offerings.”
“Our ultimate goal has always been to simplify insurance for the customer, but with AI, we’re able to do more than that,” Jennings added.
This sentiment echoes throughout Embroker’s strategy of bringing modern technology into traditionally slow-moving industries.
The newly developed features within Embroker’s ONE platform aim to revolutionise the way brokers handle applications and help underserved sectors, offering a seamless insurance process built around customer needs.
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